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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ZERO - COMMUNITY TAKEOVER on: January 10, 2018, 04:23:42 PM
Is it possible to solo mine this?
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Advice on Building a new Blockchain/Currency? on: January 10, 2018, 10:43:46 AM
Found this to be a useful read for those considering creating a new coin or just curious about the technology:

     https://medium.com/@preethikasireddy/fundamental-challenges-with-public-blockchains-253c800e9428
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Advice on Building a new Blockchain/Currency? on: January 10, 2018, 06:22:20 AM
As an exercise I am planning on building a new open source blockchain/currency completely from scratch in Java.

Rather than be one of the many clones of Bitcoin, this will be something new.

My question to you guys is: which features do you think the blockchain/currency should support?

My thought that you must try to think what your target to build a new blockchain. There is a project that builds the blockchain from scratch. you must complete what's purpose of your blockchain. If that's only to grab your investor money and forget it. you must come with something new rather than to do the similar way with another project.

Ideally I would like to create a solution that would benefit society.  I am financially independent and have no interest in investor capital.

I have a background in AI and app development.  Perhaps some sort of mobile aspect as suggested by @player514.

I'd love to figure out a useful POW algorithm as well.  I'm thinking of how perhaps the POW could help to train AI or solve scientific problems.  Open to other ideas of course.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Advice on Building a new Blockchain/Currency? on: January 10, 2018, 06:06:54 AM
Please ask yourself this before you start your project: will this currency fulfill a need that isn't already fulfilled by one of the thousands of other cryptos? I doubt the answer will be yes.

That's part of the reason I posted here to ask users what they feel might be missing.  I'm assuming it hasn't all been done yet.
5  Alternate cryptocurrencies / Altcoin Discussion / Useful Proof of Work? on: January 10, 2018, 05:42:13 AM
Are there any theoretically useful proof of work algorithms?

I'm building a new currency and am open to ideas.


Just had a thought that it could be useful to train AI using the proof of work (I have a background in AI development as well).  Will think more.  Any thoughts appreciated.
6  Alternate cryptocurrencies / Altcoin Discussion / Advice on Building a new Blockchain/Currency? on: January 10, 2018, 04:05:59 AM
As an exercise I am planning on building a new open source blockchain/currency completely from scratch in Java.

Rather than be one of the many clones of Bitcoin, this will be something new.

My question to you guys is: which features do you think the blockchain/currency should support?
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: January 02, 2018, 10:01:41 AM
Copied from a comment I just posted on Discord (might be useful for someone):

"If you do try suprnova you should realize that the "Round earnings est" takes a while to max out.  Once you leave things running for 6 hours or so you can estimate your daily payout there by looking up their "Est. Avg. Time per Round (Pool)" on the Statistics/Pool page.  Then figure out how many blocks the pool should get per day: 24 * 60 / "Est. Avg. Time per Round (Pool) (in minutes)".  For example right now they are estimated to get 5.18 blocks per day.  Then I just multiply my "Round earnings est" by those estimated blocks to determine how many coins I should make on average per day (assuming pool/network stats stay the same)."

8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: January 02, 2018, 05:59:56 AM
ran some 24 hour tests on this coin. results are not even close to the estimates as others have said. and not by a small margin...at least short by 40%. you cannot contribute that to bad luck given 1) one pool has all the hashrate 2) it's so ridiculously far off.

nice to mine though with the low wattage but no thanks.

the community needs to do more about the concentration of the hashrate in one pool. i'm not sure what the best way to do it would be. it's obvious miners won't switch to other pools individually if there is no concerted effort. that would mean potentially sacrificing their rewards. however, if there is a concerted effort to move hashrate from MPH to, let's say, suprnova, then more people would switch over.

is anyone else concerned about this? let's do something about it.

I absolutely agree. That's why I'm now running 400+Mh on suprnova.  In addition to aiding the decentralization effort I'm seeing significantly more profits there compared to MPH.
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: January 01, 2018, 05:53:02 AM
I'm a big fan of suprnova.  For a few reason, they have been around the longest and I trust that they will run a solid pool moving into the new year and beyond.

I just wish suprnova could take some of the hash from MPH to reduce the variability of its block finding.

Clearly MPH has some issue with lyra2z and is returning less than it should for a given hash amount (in my experience running 300Mhash/s for multiple days yielded about 15% less returns than it should have on MPH).  I can understand why miners choose MPH (for the constant stream of small earnings). But over time they are shooting themselves in the foot by not choosing a more solid pool like suprnova.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: January 01, 2018, 05:07:46 AM
Datapaw works well, spread the hashrate!!!We need more decentralization
I agree on this.

I don't really care about MPH having the biggest hashrate, their reported hashrate of my miners is low and payout at the end of a day is not good at all.

Totally agree with this!

Wow I only realized today that MPH has almost the complete hash power of Zcoin. Now moved to MintPond to see how it works...

You also have xzc.suprnova.cc.  Currently the second largest hashing rate and 0% fees.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: December 26, 2017, 10:25:36 AM
Quote
Proportional (Prop) - The block reward is distributed among miners in proportion to the number of shares they submitted in a round. The expected reward per share depends on the number of shares already submitted in the round.
https://xzc.suprnova.cc/index.php?page=about&action=pool

Yeah...I understand it and can see everything's working as expected.  I just worry about some miners trying things out for a half hour before deciding the estimate is lower than what they wanted.

MPH just shows what you made in the last 24 hours on the Dashboard. It's easy to understand why the figure starts out low.

But "Round earnings est" starting out low can be discouraging for those who don't understand it.
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: December 26, 2017, 10:08:27 AM

The main problem is that there's basically no communication at all from the devs - the znodes were introduced with several changes to the mining consensus:
Mandatory payments to the nodes directly from the pool became necessary where the protocol would reject blocks without those payments immediately.
Usually you introduce such protocol changes to the protocol but don't enforce them at first so every (pool) can make sure they meet the specs and get it running and also do some testing if the transition etc works fine and then you enforce those payments.

Also you should meet some general consensus when integrating such payments into the "getblocktemplate" call but here it was introduced in a uncommon manner and in a non-standard way - which would have clearly could have been done a lot better if there would have been communication before (and after). There are for example still some issues here where MN addresses are changing quickly requiring an update to the template (which is why you see super-long rounds on other pools sometimes) which could be addressed from the coin side by accepting mn payments to the address before the actual address for a transition period (like it's done in dash where all the code for the masternodes come from..). It can also be fixed from the pools side but once you have enough hash you simply don't care about such things anymore i guess Smiley

Next thing is that I was encouraged or a little "forced" to ban botnets a while back with the algo change in mind and with the idea to decentralize the coin - which is a good idea as the botnets are simply controlled by one person who gets the big chunk. However the botnet just moved to a different pool which is not against botnets at all so they keep away hashing fine there and the integration of mtp is also not prioritized .. So it's a fun situation here.. Be fair or be square :-)

At last the pool was simply not profitable anymore because with 2-3 blocks per day with 0% fee it's always hard to keep it running as pools always require some maintenance. The pool would need at least 15% of the nethash (with 1% fee) to keep it pay for itself.

At last a loyal (DCR) miner helped me to keep the server for the pool running and everything is ok however i'm not in par with the devs/shills of the coin.

Now lets talk about commitment Smiley I guess I'm actually a bit overcommited to such things and thats why I'm actually still a bit pissed with the sloppiness (nice said) here. Smiley

Those are certainly all valid points.  And it's unfortunate that other pools are not discouraged from housing the botnets.

One thing I noticed while returning to your pool. It looks like it uses a rather large N for PPLNS?  It might help to mention it on the front page as I expect the masses of casual miners might get discouraged when they see their "Round earnings est" creep up so slowly.  Not sure how much it would help, but I like your pool and want to see it do well. Also...I'm happy to see that I'm currently #4 in hash contribution.  But I'd be even happier to see the pool hash increase significantly.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: December 26, 2017, 08:37:46 AM
Quote
I've removed the message already, it's not closing

 Cheesy
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy on: December 26, 2017, 04:50:11 AM

1. You could call this coin ZentralCoin since it's the most centralized coin out there, I don't know any other coin more centralized than this in questions of hash and coin distribution / masternodes.


You could still help decrease the centralization by not bowing out of it.  I know many miners (myself included) that would stick with you simply to help the decentralization effort (even more so as MPH seems to have issues reporting hashrate with this).

If you're really calling it quits though, I will go with datapaw.net.
15  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Whattomine - profitability website with basic json. on: December 10, 2017, 03:23:56 PM
I'm curious what the relation is between Rev. BTC and Rev. $ Profit.

The reason I ask is that sometimes the Rev. $ Profit for a coin might be higher even though the Rev. BTC might be lower.


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